US President Donald Trump on Thursday said he has asked Apple CEO Tim Cook to stop producing iPhones in India, and rather make them in the US. Photograph: Tom Brenner/Reuters Apple has no smartphone production in the US – most
US President Donald Trump on Thursday claimed that India has offered to drop all tariffs on American goods. Photograph: Brian Snyder/Reuters Speaking at a business roundtable in Doha, Trump also said he had a “little problem” with Tim Cook, and
The Securities and Exchange Board of India (SEBI) has barred Varyaa Creations Limited from the securities market after finding that the company diverted IPO proceeds meant for business purposes. VCL, a company engaged in the wholesale trading of precious metals
India’s benchmark Nifty 50 index surged past the key 25,000 mark on Thursday, notching its highest close in seven months amid signs of easing geopolitical tensions. The rally coincided with the weekly derivatives expiry, pushing volume turnover on the National
Bharti Airtel vice-chairman & managing director Gopal Vittal on Wednesday said while a call on exercising the option of converting pending spectrum dues into government equity would be taken by its board, the company had reached out to the Department
A fresh US executive order (EO) which seeks to bring down prices of prescription drugs in the country by up to 90 per cent — on par with other developed nations — will affect innovator companies, while sparing the Indian
India’s trade relations with Turkey and Azerbaijan are expected to come under strain due to Ankara and Baku backing Islamabad and condemning India’s recent strikes on terror camps in Pakistan. IMAGE: A visitor examines the lamps displayed by exhibitors from
Equity benchmark indices Sensex and Nifty ended higher on Wednesday as retail inflation eased to a nearly six-year low of 3.16 per cent in April, creating enough room for the RBI to go for another rate cut in the June
Markets regulator Sebi on Tuesday proposed to simplify rules and ease regulatory compliance for FPIs that invest exclusively in Indian government bonds (IGBs) via the voluntary retention route (VRR) and fully accessible route (FAR). The move is aimed at attracting
Wall Street’s key indices opened higher on Wednesday as Donald Trump’s Gulf tour stoked hopes of more trade deals. At the opening bell, the Dow Jones Industrial Average rose 9.7 points, or 0.02%, to 42150.09. The S&P 500 rose 10.2
